For sale

Luxurious Studio in a Condo Hotel Concept close to the Beach for sale in Playa del Carmen. Pre-sale – Mexico Realty Living

Playa del Carmen

$291,100 USD

Listed by Mary D. Serrano Mexico Realty Living +52 (984) 118-0186

Listed 2 days ago

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Mary D. Serrano
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Description

In the heart of the Riviera Maya, Mexico, you can breathe the peace and tranquility of an enchanting paradise called Playa del Carmen. An idyllic and wonderful magical place, where the fine white sand and turquoise waters bathe the most majestic coasts of the Mexican Caribbean with color and magic.

VIBBE will give you the privacy and calm you need, it will only have 46 1-bedroom units in a building with only 8 apartments per floor. Equipped departments.

Very close to Fifth Avenue, the most emblematic street in Playa del Carmen, famous for its shops, restaurants and nightlife all year round. Located a few steps from the sea, and very close to the main shops and restaurants of Playa.

Services: Security, Wifi, Lobby, Co-working, Elevator, Laundry, Parking, Bike Racks.

*Disclaimer: Property pricing may be subject to changes without prior notice. Verify the current price for accuracy.**

Please note: This property is under construction. The final product may differ from the listing description and photographs.

Features

Bathrooms1
Area64 m2
Year built2024
ReferenceEXT-2367

Amenities

Coworking
Elevator
Gym
Jacuzzi
Laundry
Ocean view
Parking
Pool
Rooftop

$291,100 USD

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The market in Playa del Carmen

Homes for sale on this site512
Median asking price$238,900 USD
Typical range$119,500 USD – $808,500 USD
Median per m2$3,360 USD

Bedrooms	Listings	Median asking price
Studio	98	$241,000 USD
1	170	$176,100 USD
2	132	$255,500 USD
3	72	$442,800 USD
4+	40	$875,000 USD

Typical range covers the middle 80% of listings. Figures come from the listings live on this site today and change as it grows.

How this compares

22% above the median for similar listings

Median in Playa del Carmen$238,900 USD
This listing, per m2$4,540 USD
Median per m2$3,360 USD

Based on 512 listings currently on this site. Asking prices, not sale prices; currency conversions are approximate.

Renting vs. owning here

This price equals about 27 years of renting a similar home

Typical long-term rent in Playa del Carmen, per month$901 USD
Gross yield if rented long-term3.7%

Rent figure is the published city-wide average for apartments, not specific to this size. Asking prices and asking rents. Owning also carries closing costs, HOA fees, property tax, the bank trust for foreign buyers, maintenance and insurance, which are not included.

Long-term rental vs. Airbnb

As a short-term rental: about 3.3% gross yield a year

Assumes $70 USD a night at 38% occupancy
Short-term gross, per month$809 USD
Short-term gross, per year$9,704 USD

An estimate from typical rates for this city and size, not a figure for this property. Gross income before platform fees, cleaning, utilities, management, taxes and empty nights. Check that the building allows short-term rentals.